Page:United States Statutes at Large Volume 115 Part 3.djvu/327

 PUBLIC LAW 107-123-^AN. 16, 2002 115 STAT. 2401 to congressional consideration of the question of such conversion. (b) SUBMISSION OF REPORT.— The Comptroller General shall Deadline, submit to the Committees on Financial Services and Government Reform of the House of Representatives and the Committees on Banking, Housing, and Urban Affairs and Governmental Affairs of the Senate a report on the study required by subsection (a) no later than 180 days after the date of the enactment of this Act. (c) DEFINITION. — For the purposes of this section, the term "self-funded basis" means that— (1) an agency is authorized to deposit the receipts of its collections in the Treasury of the United States, or in a depository institution, but such deposits are not treated as Government funds or appropriated monies, and are available for the salaries and other expenses of the Commission and its employees without annual appropriation or apportionment; and (2) the agency is authorized to employ and fix the salaries and other compensation of its officers and employees, and such salaries and other compensation are paid without regard to the provisions of other laws applicable to officers and employees of the United States. SEC. 11. EFFECTIVE DATES. 15 USC 78ee (a) IN GENERAL.—Except as provided in subsections (b) and (c), the amendments made by this Act shall take effect on October 1, 2001. (b) IMMEDIATE TRANSACTION FEE REDUCTIONS. — The amendments made by section 2 shall take effect on the later of— (1) the first day of fiscal year 2002; or (2) thirty days after the date on which a regular appropriation to the Commission for such fiscal year is enacted. (c) ADDITIONAL EXCEPTIONS. — The authorities provided by section 6(b)(9) of the Securities Act of 1933 and sections 13(e)(9), 14(g)(9), and 31(k) of the Securities Exchange Act of 1934, as so designated by this Act, shall not apply until October 1, 2002. Approved January 16, 2002. LEGISLATIVE HISTORY—H.R. 1088: HOUSE REPORTS: No. 107-52, Pt. 1 (Comm. on Financial Services). CONGRESSIONAL RECORD, Vol. 147 (2001): June 14, considered and passed House. Dec. 20, considered and passed Senate.

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